402 S Gaines Street
$190,000
Description
402 S Gaines Street,
Ennis,
TX
75119
ATTENTION INVESTORS! Brick duplex with long-term tenants on oversized corner lot. Ennis is a thriving family community with local festival, parades, dances, etc. Home of the renowned Bluebonnet Festival, the Autumn Daze festival with its hay maze and pumpkin patch, Ennis is experiencing exponential growth so this is an excellent opportunity to purchase in a growing community. Each unit has a spacious bedroom with lots of closet space, one full bathroom with combo tub & shower, and a galley style kitchen with built-in cabinets. Current leases expire in March 2025. The tenants would be interested in staying, or someone could live in one side and rent out the other side. Currently leased below market rent. Comps suggest fair market rent should be $850-$1000 per month.
This is an Active listing.
Broker Office Phone Number: 877-366-2213
Copyright © 2024North Texas Real Estate Information Systems, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Carpet
- Carpeted Floors
- Tile Flooring
- Composition Shingle Roof
- Driveway
Listing By: LPT Realty LLC via Data Source: North Texas Real Estate Information Systems, Inc.
Duplex Homes
Property type
Price History
| date | price | variance | type |
|---|
| 11/7/2024 | $190,000 | 5.00 % | decreased |
| 10/31/2024 | $200,000 | - | Listed |
